Cabral Gold (CVE:CBR) Stock Price Up 2% – Here’s Why

Cabral Gold Inc. (CVE:CBR) was up 2% on Tuesday . The company traded as high as C$1.00 and last traded at C$1.00. Approximately 196,748 shares were traded during trading, a decline of 55% from the average daily volume of 441,852 shares. The stock had previously closed at C$0.98.

Cabral Gold Trading Down 2.1%

The company has a debt-to-equity ratio of 0.18, a current ratio of 4.82 and a quick ratio of 0.36. The firm has a market cap of C$280.46 million, a price-to-earnings ratio of -18.60 and a beta of 2.74. The firm’s fifty day moving average is C$0.93 and its 200-day moving average is C$0.85.

Cabral Gold Company Profile

Cabral Gold Inc operates as a mineral exploration and development company with primary focus on gold properties in Brazil. Its flagship holds 100% interests in the Cuiú Cuiú gold project located in the state of Para in northern Brazil. Cabral Gold Inc was formerly known as San Angelo Oil Limited. The company is based in Vancouver, Canada.